Avino Silver & Gold Mines Ltd. Expected to Post Q2 2024 Earnings of $0.01 Per Share (NYSE:ASM)

Avino Silver & Gold Mines Ltd. (NYSE:ASM) – Investment analysts at Roth Capital issued their Q2 2024 earnings per share estimates for shares of Avino Silver & Gold Mines in a research note issued to investors on Tuesday, April 23rd. Roth Capital analyst J. Reagor anticipates that the company will earn $0.01 per share for the quarter. The consensus estimate for Avino Silver & Gold Mines’ current full-year earnings is $0.04 per share. Roth Capital also issued estimates for Avino Silver & Gold Mines’ Q3 2024 earnings at $0.01 EPS, FY2024 earnings at $0.02 EPS and FY2025 earnings at $0.02 EPS.

Avino Silver & Gold Mines (NYSE:ASM) last announced its quarterly earnings results on Wednesday, March 20th. The company reported $0.02 earnings per share (EPS) for the quarter. Avino Silver & Gold Mines had a return on equity of 4.53% and a net margin of 1.23%. The firm had revenue of $12.53 million during the quarter, compared to the consensus estimate of $9.50 million.

Several other brokerages also recently weighed in on ASM. Roth Mkm restated a “buy” rating and set a $1.10 target price on shares of Avino Silver & Gold Mines in a research note on Tuesday. HC Wainwright lifted their price objective on shares of Avino Silver & Gold Mines from $1.50 to $1.60 and gave the company a “buy” rating in a research note on Thursday, April 18th. Finally, StockNews.com assumed coverage on shares of Avino Silver & Gold Mines in a research note on Friday, March 8th. They issued a “sell” rating for the company.

Avino Silver & Gold Mines Stock Down 0.5 %

Shares of NYSE ASM opened at $0.71 on Thursday. The stock has a fifty day moving average price of $0.71 and a 200 day moving average price of $0.57. The company has a current ratio of 1.70, a quick ratio of 1.07 and a debt-to-equity ratio of 0.02. The company has a market cap of $92.82 million, a P/E ratio of 18.64 and a beta of 2.08. Avino Silver & Gold Mines has a 12-month low of $0.40 and a 12-month high of $0.92.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Avino Silver & Gold Mines stock. Rathbones Group PLC bought a new stake in Avino Silver & Gold Mines Ltd. (NYSE:ASM) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 65,250 shares of the company’s stock, valued at approximately $34,000. Rathbones Group PLC owned 0.05% of Avino Silver & Gold Mines as of its most recent filing with the Securities and Exchange Commission (SEC). 3.11% of the stock is currently owned by hedge funds and other institutional investors.

About Avino Silver & Gold Mines

Avino Silver & Gold Mines Ltd., together with its subsidiaries, engages in the acquisition, exploration, and advancement of mineral properties in Canada. It primarily explores for silver, gold, and copper deposits. The company owns interests in 42 mineral claims and four leased mineral claims, including Avino mine area property comprising four exploration concessions covering 154.4 hectares, 24 exploitation concessions covering 1,284.7 hectares, and one leased exploitation concession covering 98.83 hectares; Gomez Palacio property consists of nine exploration concessions covering 2,549 hectares; and Unification La Platosa properties, which include three leased concessions located in the state of Durango, Mexico.